Small Loans Companies Licensing Information:
Licenses are issued for one year concurrent with the date of the required
bond.
Minimum Requirements
- Licenses are issued only to locations within
state
of Mississippi.
- $750 initial license fee, $475 renewal license fee
- Surety bond ($1,000)
issued for appropriate license period.
- Financial statement:
Assets, liabilities, and capital, if corporation; Assets,
liabilities, and net worth if applicant is not a corporation.
Assets, liabilities, and capital of parent corporation, if
license is being requested for subsidiary office of corporation.
- Proposed line
of credit or funding source.
- Statement as to type of business activity
proposed.
- Registered with the Mississippi
Secretary of State as required by state law.
Small Loans Application Forms:
Each applicant must download, complete and submit each of the following
forms:
Small Loan Filing Form - PDF
Small Loan License Application - PDF
Small Loan Contact List - PDF
Small Loan Surety Bond - PDF
Small Loan Instructions - PDF
Forms to Update Existing Office(s)
Small Loan Application for Name Change - PDF
Small Loan Application for Relocation of Existing Office - PDF
If you have any questions please send us
an email at carolyn.heck@dbcf.ms.gov.
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